BARRETT M JAMES 4
4 · GLYCOMIMETICS INC · Filed May 11, 2018
Insider Transaction Report
Form 4
BARRETT M JAMES
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock
2018-05-10$0.33/sh+298,406$98,474→ 5,001,197 total(indirect: See Note 1) - Exercise of In-Money
Common Stock
2018-05-10$0.33/sh+216,046$71,295→ 4,706,797 total(indirect: See Note 1) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2018-05-10−298,406→ 0 total(indirect: See Note 1)Exercise: $0.33From: 2009-01-16Exp: 2019-01-16→ Common Stock (298,406 underlying) - Sale
Common Stock
2018-05-10$17.81/sh−4,006$71,347→ 4,702,791 total(indirect: See Note 1) - Sale
Common Stock
2018-05-10$17.81/sh−5,533$98,543→ 4,995,664 total(indirect: See Note 1) - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2018-05-10−216,046→ 0 total(indirect: See Note 1)Exercise: $0.33From: 2008-07-03Exp: 2018-07-03→ Common Stock (216,046 underlying)
Holdings
- 4,093,377(indirect: See Note 4)
Common Stock
Footnotes (4)
- [F1]The Reporting Person is a general partner of NEA Partners 10, Limited Partnership ("NEA Partners 10"), NEA Partners 10 is the sole general partner of New Enterprise Associates 10, Limited Partnership ("NEA 10"), the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 10 shares in which the Reporting Person has no pecuniary interest.
- [F2]On May 10, 2018, NEA 10 exercised warrants to purchase a total of 216,046 shares of the Issuer's common stock for $0.33 a share. NEA 10 paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 4,006 of the warrant shares to pay the exercise price and issuing 212,040 shares to NEA 10. The Issuer also paid cash to NEA 10 in lieu of any fractional shares to be issued upon exercise of the warrants.
- [F3]On May 10, 2018, NEA 10 exercised warrants to purchase a total of 298,406 shares of the Issuer's common stock for $0.33 a share. NEA 10 paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 5,533 of the warrant shares to pay the exercise price and issuing 292,873 shares to NEA 10. The Issuer also paid cash to NEA 10 in lieu of any fractional shares to be issued upon exercise of the warrants.
- [F4]The Reporting Person is a director of NEA 13 GP, LTD, which is the sole general partner of NEA Partners 13, L.P. ("NEA Partners 13"). NEA Partners 13 is the sole general partner of New Enterprise Associates 13, L.P. ("NEA 13"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securitites Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 13 shares in which the Reporting Person has no pecuniary interest.